Please look into the chart for a detailed understanding.
Consider these for short-term & swing trades with 2% profit.
For BTST trades consider booking
target for 1%-2%
For long-term trades look out for resistance drawn above closing.
Please consider these ideas for educational purpose
Please note that, if there are some big targets, those are drawn thinking...
#WELENT trading above Resistance of 307
Next Resistance is at 477
Support is at 203
Here are previous charts:
Chart is self explanatory. Levels of breakout, possible up-moves (where stock may find resistances) and support (close below which, setup will be invalidated) are clearly defined.
Disclaimer: This is for demonstration and educational purpose...
#WELENT trading above Resistance of 203
Next Resistance is at 307
Support is at 166
Here is previous chart:
Chart is self explanatory. Entry, Resistances and Support are mentioned on the chart.
Disclaimer: This is for demonstration and educational purpose only. This is not buying or selling recommendations. I am not SEBI registered. Please consult your...
WELENT Will Touch 350 Levels In the Upcoming Days From the Current market price we can see a strong momentum in upcoming days.
. NSE:WELENT
.
Disclaimer: This is not buy or sell signal it is just for educational purposes.
Breakout trading implementation:
1. **Identifying New Trends:** Breakout trading helps traders identify the beginning of new trends by focusing on price levels where an asset breaks out of its historical trading range.
2. **Volatility Indicator:** Breakouts often occur when there's increased volatility in the market. Monitoring breakouts can provide insights...
📉 Alert! Bullish Pattern Spotted! 🐻
📊 Pattern: Rising Channel
📌 Symbol/Asset: welent
🔍 Description: At Support Level, if sustain above support, good upside expected.
👉 Remember: Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
Stock: NSE:WELENT
Timeframe: Daily chart
Current Price: 302
Entry Level: 298 (Retest)
Stop Loss:$280
Targets: 330 and 350
Trade Overview:
In this trade idea, we're focusing on WELENT , which is exhibiting strong technical signals for a swing trade opportunity. The stock has recently broken out of a bullish flag and pole pattern, accompanied by significant...
Stock Name - Welspun Enterprises Limited
Ichimoku Cloud Setup :
1). Today's close is above the Conversion Line
2). Future Kumo is Turning Bullish
3). Chikou span is slanting upwards
All these parameters are showing bullishness at Current Market Price
and more bullishness AFTER crossing 260
#This is not Buy and Sell recommendation to any one. This is for...
One of the strongest breakout achieved here ! Do own analysis to enter the trade - volume is good here to give a breakout from current trend as mostly there will be no Retracment as script already given multi year breakout within single candle at daily and weekly pattern .
